Assam Cabinet approves JV company with Railways to boost network
The Assam Cabinet on Saturday approved formation of a joint venture company between the state government and the railway ministry to increase the railway network in the state, a minister said.
In Assam Rail Infrastructure Development Corporation Limited (ARIDCL), the state government will hold a share of 51 per cent and the ministry the remaining 49 per cent, Water Resources Minister and government spokesperson Pijush Hazarika said.
The ARIDCL will ensure speedy implementation of ongoing projects, besides working out possible financing avenues, he said.
The meeting, chaired by Chief Minister Himanta Biswa Sarma, also discussed the issue of resolving the boundary dispute between Assam and Arunachal Pradesh.
